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Construction & Infrastructure News

Nirma raises Rs.4,000 cr debt to fund Lafarge deal

October 2016

In the largest rupee bond sale for a leveraged buyout, Ahmedabad-based detergent major Nirma has raised a Rs 4,000-crore debt to buy the cement busin...

Nirma, Lafarge India, Cement, Instrument

Cement players look at east India for growth

October 2016

Emami´s foray into the cement space, Nirma´s entry into the segment after the buyout of Lafarge India´s 11 mn tonne (mt) cement business, and Shree C...

Emami, Cement space, Shree Cement, Lafarge India

Lafarge India bidders in London for final negotiation

August 2016

Five bidders who submitted their final bids for Lafarge India´s 11-million tonne (mt) cement business have been called to London for last leg of disc...

Lafarge India, Anhui Conch Cement Company, Ajay Piramal Group, Nirma, Sajjan Jindal, LED, JSW Cement, CCI

LafargeHolcim to sell Lafarge India

August 2016

LafargeHolcim has agreed to sell Lafarge India to Nirma for Rs 9,400 crore including debt, in a deal that will complete the Indian operations of the ...

LafargeHolcim, Lafarge India, Nirma, Swiss, CCI

Strategic Investor

August 2016

Hiren Patel is cementing Nirma as a conglomerate. The company, under the strategic leadership of its Managing Director Patel, outbids JSW Cement and ...

Hiren Patel, Nirma, JSW Cement, Piramal Enterprises, Lafarge India, CCI, Infrastructure, Construction

CCI appoints French audit firm Mazars to monitor asset sale process of Lafarge India

June 2016

French audit firm Mazars has been appointed by the Competition Commission of India (CCI) to monitor the divestment of French cement company Lafarge-'...

French audit firm Mazars, CCI, Lafarge India, Swiss Holcim

Touching The Next Level

May 2016

The demand for concrete equipment and ready mix concrete (RMC) is charting an upward trend on the back of momentum in infrastructure development and ...

Smart equipment, Charu Bahri, Concrete pumping, Schwing Stetter Sales and Services Pvt Ltd, V G Sakthikumar, Roads, Flyovers, Power plants, Naresh Aggarwal, BAI, Equipment, Raw material, Wind turbine, Zoomlion concrete pumps, Hydraulic system

Nine firms line up for Lafarge India BID

May 2016

Lafarge India has received nine non-binding bidders for its 11-million-tonne asset, valued at around Rs 10,000 crore. ...

Lafarge India, Non-binding bidders, Competition Commission of India, PE firms Blackstone, Baring Asia, CPPIB, JSW Infra, Piramal Enterprises, Ramky Infra
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